Real estate data company Reis sues over alleged online report theft

September 9, 2015 creative armada, business, chief-executive, database-online, francisco, iphone, mortgage-debt, over-three, wednesday

NEW YORK (Reuters) – Reis Inc, a commercial real estate data provider, on Wednesday sued Armada Analytics Inc, accusing it of downloading at least 1,562 reports over three years from its proprietary subscription database without paying for them. Armada, a commercial real estate services provider specializing in mortgage debt, was accused of misappropriating login credentials to access Reis’ database online, and continuing to obtain reports through Reis subscribers after payment was demanded.

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Real estate data company Reis sues over alleged online report theft